Citibank New Delhi

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About Citibank

Citi began its operations in India over a century ago in 1902 in Kolkata and presently it is a significant name in the field of foreign investment in the Indian financial market. The bank has played a vital role in the banking sector of India and has helped lay the foundation of the Indian software industry by establishing Citicorp Overseas Software Ltd. and Iflex Solutions Ltd. It pioneered the ITES industry in financial services through Citigroup Global Services Ltd. (CGSL). Oracle acquired Iflex in 2005 and CGSL was acquired by TCS in 2008.

Citi India, through its network of Citi Service Centres, has been a leading offshoring unit for Citigroup globally, providing employment opportunities in the areas of technology, processing analytics, and financial processes. With its customer-friendly schemes, Citibank has won the heart of common as well as the high-class society of the society. The bank has recently launched the Instant loan on a card, instant insurances, express decision making for personal loans and Online document upload. Also, Citibank has successfully led the US $24 million Buy-back of Just Dial’s Equity Shares, by way of a Tender Offer through the stock exchange mechanism, at a price of INR 1550, a premium of 41.7% to the closing price prior to the Board approving the Buyback.

Citibank New Delhi Branch Addresses

Branch NameComplete AddressIFSCMICRContact Number
New Delhi Jeevan Bharti Building, 124, Connaught Circus, New Delhi-110001CITI0000002 110037002022-40005706/022-40005922/022-28446390 /022-40015618
Nehru Place Branch Citibank NA Ground Floor, International Trade Tower, Hotel Park Royal Complex, Nehru Place, New Delhi- 10 019CITI0000029 110037002022-40005706/022-40005922/022-28446390 /022-40015618
Vasant Vihar Citibank NA Plot No.33, Community Centre Vasant Vihar, New Delhi-110057CITI0000030 110037002022-40005706/022-40005922/022-28446390 /022-40015618
Punjabi Bagh BranchCitibank NA 27, Central Market, Punjabi Bagh, New Delhi- 110026CITI0000031 110037002022-40005706/022-40005922/022-28446390 /022-40015618
South Extension Branch Citibank NA D-11, South Extension Part-II, New Delhi-110049CITI0000032 110037002022-40005706/022-40005922/022-28446390 /022-40015618

Products Offered by Citibank in New Delhi

In New Delhi, Citibank offers home loans, personal loans, business loans, commercial vehicle loans, fixed deposit, the loan against property to name a few. The bank has designed all these schemes by keeping in mind the demand of customers from all strata of the society.

Basic Details of Citibank Products in New Delhi

ProductEligibilityAmount Interest RateProcessing FeeTenure
Home Loan At least 23 years of age
Minimum work experience of 2 years
Up to 10 Crores8.85% - 9.60%Up to 0.40% of the loan amount25 years
Personal Loan Salaried individuals
Self-employed professional and business owners
Existing Citibank customers with a Suvidha, Branch or a Mortgage relationship can avail of Citibank Personal Loan
Up to 30 lakhs

10.99% - 18.99%

Up to 2.5% of the loan amount sanctioned5 years
Commercial Vehicle LoanUp to 1 Crores[citibank_cl_ir_sc][/citibank_cl_ir_sc]Up to 3% of the loan amount4 years
Business Loan Up to 80% of the value of the collateral Up to 2% of the loan amount sanctioned 6 months
Loan Against PropertyIndividual of at least 23 years of age
Salaried individual of maximum 60 years of age
Self-employed individuals of maximum 65 years of age
Salaried individuals with at least 3 years of working experience
Self-employed individuals with at least 2 years of cash profit
Up to 5 Crores9.50% p.a.Up to 0.75% of the loan amount15 years
Fixed DepositValid identity proof
Valid address proof
A permanent address
A telephone number
15 lakhs and above3.00% - 7.74% NA5 years and above

Documents Required

Home Loan Signed application form with photograph
ID and residence proof
Approved Building Plan
Last 3 months bank statements
Last 3 months salary-slips
Form 16 or Income Tax Returns
Signed application form with photograph
ID and residence proof
Approved Building Plan
Last 3 months bank statements
Last 2 years Income Tax Returns
Last 2 years CA Certified Profit & Loss Account
NA
Personal Loan Proof of Identity-

Photograph is mandatory
PAN
Valid Driver’s License
Valid Passport
Voter’s ID card
Valid Identity card
Overseas Citizen of India Card
Person of Indian Origin Card
Job card issued by NREGA1
Letters issued by the Unique Identification Authority of India

Proof of Residence-

Valid Driving License
Valid Passport
Voter’s ID card
Valid Identity card
Utility Bill not more than 3 months old with name & address 3
Food Card (Ration Card)
Letter from employer
Lease Deed/ Rent agreement Copy/ Property Registration Document in the name of the Customer
Last 3 months bank account statement, signed and stamped by existing banker
Mutual Fund statements
Overseas Citizen of India Card
Person of Indian Origin Card
Latest IT Return
Original Letter from Company

Proof of Age -

Birth Certificate
School Leaving certificate
Passport

Length of Employment / Continuity of Business-

Letter from employer
Old PaySlip/For m 16
HR check by designated CPA resource

Proof of Income and Occupation-
Latest one or 2 salary slip (not more than 3 months old)
Latest Form 16
Last 3 months bank statement
Identity Proof-

Photograph is mandatory
PAN
Valid Driver’s License
Valid Passport
Voter’s ID card
Valid Identity card
Overseas Citizen of India Card
Person of Indian Origin Card
Professional License With Photograph
Trade License With Photograph

Proof of Residence-

Valid Driving License
Valid Passport
Voter’s ID card
Valid Identity card
Utility Bill not more than 3 months old with name & address 3
Food Card (Ration Card)
Letter from employer
Lease Deed/Rent agreement Copy/ Property Registration Document in the name of the Customer
Last 3 months bank account statement, signed and stamped by existing banker
Mutual Fund statements
Overseas Citizen of India Card
Person of Indian Origin Card
Latest IT Return

Proof of Age-

Birth Certificate
School Leaving certificate
Passport

Length of Employment / Continuity of Business-

Lease Deed/Rent Receipts
Ownership Document
Utility Bills
Tax Returns from the same city
3 year old bank statement

Proof of Income and Occupation-

IT Returns for last 2 years and supplementary documents Computation of Income Schedule
P&L Account
Balance Sheet
Audit Report
Above accounts to be certified by CA
Last 6 months bank statement
Proof of Identity-

Photograph is mandatory
PAN
Valid VISA

Proof of Residence-

A letter from employer/ Certificate from Embassy of the Country of Origin or any appropriate legal authority certifying the local address in India.
Last 3 months bank account statement/ Passbook signed and stamped by existing banker. Rent agreement
Certificate of Registration issued by the FRRO

Proof of Age-

Birth Certificate
School Leaving certificate
Passport

Length of Employment / Continuity of Business-

Letter from employer
Old PaySlip/Form 16
HR check by designated CPA resource

Proof of Income and Occupation-

Latest one or 2 salary slip (not more than 3 months old)
Latest Form 16
Last 3 months bank statement
Vehicle LoanProof of Identity-

Photograph is mandatory
PAN
Valid Driver’s License

Proof of Residence-

Valid Driving License
Valid Passport
Voter’s ID card

Proof of Age -

Birth Certificate
School Leaving certificate
Passport
Identity Proof-

Photograph is mandatory
PAN
Valid Driver’s License

Proof of Residence-

Valid Driving License
Valid Passport
Voter’s ID card

Proof of Age-

Birth Certificate
School Leaving certificate
Passport
NA
Business Loan Proof of Identity-

Photograph is mandatory
PAN

Proof of Residence-

Valid Driving License
Valid Passport

Proof of Age -

Birth Certificate
School Leaving certificate
Passport
Identity Proof-

Photograph is mandatory
PAN

Proof of Residence-

Valid Driving License
Valid Passport

Proof of Age-

Birth Certificate
School Leaving certificate
Passport
NA
Loan Against PropertyFilled loan application form
2 Passport size photos
Last 2 years ITR
Identity proof (Passport/Driving License/Voter ID/PAN Card)
Residential address (Leave and License/Registered Rent Agreement/Utility bill up to 3 months/Passport)
Last 6 months salary slip
Last 2 years Form 16
Last 6 months bank statement showing salary credit
Filled loan application form
2 Passport size photos
Last 2 years ITR
Identity proof (Passport/Driving License/Voter ID/PAN Card)
Residential address (Leave and License/Registered Rent Agreement/Utility bill up to 3 months/Passport)
Business proof such as VAT/service tax registration
Incorporation details in case of companies
Business address proof
Profit and loss account
Balance sheet certified by CA
Copy partnership in case of partnership business
NA
Fixed DepositProof of Identity-

Photograph is mandatory
PAN
Valid Driver’s License
Valid Passport
Voter’s ID card
Valid Identity card

Proof of Residence-

Valid Driving License
Valid Passport

Proof of Age-

Birth Certificate
School Leaving certificate
Passport
Voters card with DOB
Identity Proof-

Photograph is mandatory
PAN
Valid Driver’s License
Valid Passport
Voter’s ID card
Valid Identity card

Proof of Residence-

Valid Driving License
Valid Passport

Proof of Age-

Birth Certificate
School Leaving certificate
Passport
Voters card with DOB
NA

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